ISK/XAU: what to know
The ISK/XAU rate shows how much XAU you get for 1 ISK. Right now, 1 ISK buys 0.00000205659 XAU at the mid-market rate. In the other direction, 1 XAU is worth 486,241.43 ISK.
In the short term ISK is driven mainly by tourism, fishing and commodity prices, while XAU responds to real interest rates, the dollar and safe-haven demand.
The Icelandic Krona (ISK) is issued by Central Bank of Iceland. Aurar coins ceased to be legal tender on 1 October 2003; circulating coins are denominated in whole krónur. The code “XAU” combines “X” (supranational) with gold’s chemical symbol Au.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.